Stroke of a Pen – Biden Stock Scheme Places Private Property at Risk

by John Anthony, The Truth Monster, ©2024

(Jan. 13, 2024) — Birth of a stock scheme

In May of 2022 , January and September of 2023, the Biden administration unleashed three  executive actions that combined blur the lines between private and public property ownership  and surrender management of private lands and public properties to a coterie of wealthy climate elitists.

In September 2023 the administration’s SEC proposed a rule creating a new investment vehicle, Natural Asset Companies (NAC) to be listed on the New York Stock Exchange. NACs allow investors and governments to profit from the protection of natural resources, necessitated by the government’s  push to end the “climate crisis.”

NACs were developed by the NYSE and the Intrinsic Exchange Group (IEG) which includes supporters like the Rockefeller Foundation and The Nature Conservancy. (The involvement of (TNC) is alarming. I’ll explain why in a minute.)

NACs will hold the rights to the ecological performance ( i.e., the value of natural assets and production of ecosystem services) produced by natural or working areas, such as national preserves or farmlands.

These rights can be licensed like other rights, including “run with the land” rights (such as mineral rights, water rights, or air rights). The “NACs are expected to license these rights from sovereign nations or private landowners.” Lands will include large-scale farmland, public lands, parks, historic sites, national preserves, National Wildlife Refuges, Wilderness Areas, and National Monuments.

Rather than investing in oil or minerals, a NAC portfolio is invested in “ecosystem services.” These are the results from protecting natural resources like forests, wetlands, and farmlands.  Examples include cleaner air, drinkable water, flood protection, improved soil quality, and, according to the IEG, climate stability.

In other words, the air we breathe and water we drink will be monetized.

NACs have land management authority

According to the ruling, NACs have the authority to actively “conserve, restore, or sustainably manage” the lands over which they hold rights.  Non-regenerative use of resources such as mining for minerals, and oils is prohibited.

Without the rights to public and private lands, NACs could not exist. But why would anyone license away their rights? You may not have a choice.

Enrolling Public Lands

The transfer of public land rights can be done without the public’s permission.

The Biden administration’s actions show he is eager to enroll public lands in a NAC.

·         His 2021 “Bipartisan Infrastructure Law”  provided funding for the American Conservation and Stewardship Atlas which measures conservation and restoration progress on public and private lands.

·         In June of 2022 President Biden issued an Executive Memorandum instructing agencies to use the Atlas and other data to synthesize “connections between nature, climate, economy, and society.”

·         In January 2023 the administration released their  “National Strategy to Develop Statistics for Environmental Economic Decisions” which uses the accumulated data to create “Natural Capital Accounts.”  Biden’s accounting system is based on the UN’s System of Environmental Economic Accounting.  

During his first three years in office, the Biden administration used the Antiquities Act to  confiscate more than 24 million acres of public lands across the country.

Combined, these actions financialize and provide the means to fund the new NACs, a centerpiece of Biden’s climate change committed presidency.

Read the rest here.